This well organised and well run business has been in operation for almost 18 years, with the present owner having owned the business for the past nine years. This National Franchise Group is a leader in it's field and a very well known Brand indeed. The business is well known for its Sandwiches, Foot-long Rolls, Salads, Platters and these days for their Breakfasts, baked Potatoes and Wraps, as well as other Banting options. There are plenty of Corporate Offices in the area, and they have 3x Delivery Bikes that are owned by the business doing most of their deliveries. Some of the nearby Companies order regularly and run a monthly Account with the business and pay by Eft, on a monthly basis. They also use Mr D and Uber Eats for some deliveries, and have a special limited menu from the Head Office with prices that are designed to off-set these delivery costs, with special Retail Prices only used for these deliveries. An excellent well run business, and an excellent opportunity for a new owner to take over an already profitable business, with plenty of room for growth, as Covid becomes a thing of the past.
Don't miss out on this well priced opportunity!!!
- Asking Price:
- R850,000 Furniture / Fixtures included
- Sales Revenue:
- Available on request
- Cash Flow:
- Available on request
Property Information
- Real Estate:
-
Lease
- Location:
-
Well located in an area with a large amount of Corporate Offices nearby, as well as a large residential area.
- Premises Details:
-
Very conveniently located in a local strip mall, on a busy road in the area.
Business Operation
- Expansion Potential:
-
The store has been in the area for 18 years, and is therefore well known and well patronized, especially by the corporates nearby that are their main target market.
- Competition / Market:
-
There is no direct competition to them in their area.
- Reasons for selling:
-
The owners wish to retire after spending many years in the Food Business.
- Trading hours:
-
The business operates 8-30am to 4-30pm, Mondays to Fridays, and is closed over weekends.
- Employees:
- There Staff Compliment numbers 7 including 2x Drivers.
- Years established:
- The business has been running for 18 years in the same location.
Franchise Information
- Franchise opportunity:
-
Franchise Resale
Other Information
- Support & training:
-
All support and training will be supplied by the Franchisor, which Franchisor must approve the Buyer before a sale takes place. There will be a 'once-off' Joining fee of R75k plus Vat, owing to the Franchisor, over and above the Purchase Price.
- Furniture / Fixtures value:
- R400,000 - included in the asking price
- Inventory / Stock value:
- R25,000
